Sunday, January 30, 2011

America's right wing oligarchs confer

The wealthy American oligarchs who are making war on the American middle class and working class are conducting in a coordination meeting to plan out how to use the Citizen's United decision to flood the American political scene with well-funded right wing candidates. The meeting is being conducted by billionaire brothers Charles and David Koch.

Here are a few of the attendees according to Think Progress:
  • Richard DeVos, billionaire cofounder of Amway
  • Diane Hendricks, billionaire widow of Ken Hendricks who founded Abc Supply which has become the largest U.S. wholesaler of roofing, siding, windows and gutter supplies.
  • Herman Cain, founder of Godfather's Pizza
  • Ken Langone , an investment banker and founder of Home Depot

  • Ronald Erickson, CEO of Holiday Companies, a Minnesota based petroleum retail and wholesale convenience business with operations in twelve states across the Upper Midwest and Alaska
Think Progress also links to this listing of attendees at the Koch Brothers conference in 2010.

Remember, these are the people that Wall Street banks exist to cater to. These people and the Wall Street banks between them have been directly responsible for outsourcing most of American middle class jobs in the last half century. They have also centralized the banks and set them up to be free of usury laws so that the banks can gouge the middle class. This same group with their Wall Street Bankers is also primarily responsible for the policies that created what Ben Bernanke has called the greatest financial disaster ever. We know this disaster today as the Great Recession.

It is my opinion that American troops remain in the middle east today because the wars there support the excessively bloated Pentagon budget which pumps up the investment returns these individuals get. They and the oil companies had a similar reason to urge George Bush to invade Iraq. (There were other reasons, but these were at or near the top of the list.)

Now they are gathering together to determine how the Citizen's United decision by the Supreme Court will permit them to secretly leverage the use of their money in American politics to make themselves even richer at the expense of the Middle and working classes.

Addendum 5:06 PM
While the above addresses the effect that money and great wealth is having on American politics, Kevin Drum last Friday blogged on how much effect FOX News was having on elections. In summary, FOX seems to be having only a slight effect on actual votes, but it has had a massive effect on setting the American political agenda.

Notice that Glenn Beck from FOX is attending the Koch brothers convention, too. He and FOX as a whole are a major elements in the Oligarch's propaganda army.

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